Navigate to Masters > Bank Master. Add the bank branches where you deposit TDS. Enter the BSR code, challan serial number, and date of deposit. This mapping is essential for matching your 26AS/TRACES.
Click Save. The software will create a company folder with:
This is a concise, step-by-step review of creating a new company in Saral TDS (a TDS compliance/accounting software). It covers required preparation, the actual creation steps, key fields to fill, common pitfalls, and quick tips for first-time setup.
Choose the appropriate category:
Before you start entering TDS data for the new company, confirm:
Conclusion
Creating a new company in Saral TDS is a 2-minute task if you have the correct TAN and PAN ready. Take that extra minute to verify the data—it will save you hours of correction notices later. how to create new company in saral tds
Once your company is created, you can proceed to add salary records, challan details, and generate error-free TDS returns.
Need help with TDS return preparation after setup? Let us know in the comments below.
Stay compliant, stay accurate.
Creating a new company in Saral TDS involves setting up a specific data file for a financial year and configuring the master details for tax compliance. Step 1: Open the New File Window
Launch the Saral TDS software on your system. Navigate to the File menu and select the New option. Step 2: Enter Primary File Details
In the file creation window that appears, provide the following information: Navigate to Masters > Bank Master
File Name: Enter a name that helps you easily identify the specific entity or company.
Financial Year (FY): Select the relevant year for which you are filing the TDS returns. File Purpose: Choose between two modes:
eTDS Purpose Only: Enables the file for basic return filing across all forms and quarters.
With Tax Computation: Adds automated salary tax calculation features specifically for Form 24Q. Step 3: Save and Set Data Directory
Click Create to generate the file. By default, files are saved in the software's standard directory. If you prefer a different location, you can update this by going to File > Data Directory and browsing for your preferred folder. Step 4: Configure Master Settings
Once the file is created, you must populate the "Master" sections to enable return generation: Conclusion Creating a new company in Saral TDS
Deductor Master: Enter your organization's mandatory details, such as TAN, address, and the responsible person's information.
Deductee/Employee Master: Add details for vendors (non-salary) or employees, including valid PAN information, as returns cannot be generated for invalid or missing PANs without specific remarks. Tips for Returning Users
Bulk Creation: If you are migrating multiple companies to a new financial year, use the Bulk File Creation option under File > Create New from Existing to copy master details from the previous year automatically.
Cloud Users: If you are using the cloud-based Saral Pro, you can create a new file by clicking the plus (+) button on your dashboard and enabling the TDS Module.
Create a new file from an existing file (for new FY) in Saral TDS